True/False
Real GDP equals potential GDP when labour, capital, land/resources, and entrepreneurship are fully employed.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q25: The currency in Tinyland is called the
Q26: Alex paid her brother Andy $50 to
Q27: An economy that experiences two or more
Q28: In Gagaland, real GDP is $200 billion
Q29: On-the-job training decreases human capital.
Q31: In 2015, the country of Adanac produced
Q32: Real GDP is a better measure of
Q33: An output gap is<br>A) negative during a
Q34: A macro production possibilities frontier shifts when
Q35: Real GDP can never be less than